 Recession Drastically Altered How People Shop
While the economy -- and consumer confidence -- may slowly be bouncing back, as evidenced by a gradual increase in “moderate discretionary spending,” the recent economic downturn has drastically altered the way people shop, according to James Russo, VP of global consumer insights for The Nielsen Co., who addressed retailers attending “After the Recession: Positioning for 2010,” an event hosted by The Gourmet Retailer and Forty One Madison in New York late last week. Click here to read the entire story from Progressive Grocer | | | Brands Ponder Price of Loyalty Big brands’ best customers have been defecting in droves since the beginning of the US recession, according to a study. Click here to read the entire story from the Financial Times | | | Retailers Cut Back on Variety For years, supermarkets, drugstores and discount retailers packed their shelves with an ever-expanding array of products in different brands, sizes, colors, flavors, fragrances and prices. Now, though, they believe less is more. Click here to read the entire story from the Wall Street Journal | | | As Recession Forces Cuts, Leaders Build for Future with Marketing, R&D
It's been said over and over: There's no time like recession, when competitors are retreating, to ramp up innovation and marketing to grab share. Click here to read the entire story from Advertising Age | | | | . | | | | INDUSTRY EVENTS | Natural Products Expo Asia - August 27-29, 2009 at the Hong Kong Exhibition and Event Center
The trade show is expected to attract record number of exhibitors and attendees, reflecting the explosive growth of the natural, organic, and health sector across the region. This year, show facilities have been expanded to accommodate more than 500 exhibitors from around the globe, and the event is expected to draw 12,000 buyers from more than 30 countries. Click here to find out more
To learn about other important industry events, visit the U.S. Foodlink events listing at http://www.usfoodlink.com/progressivegrocer/cp/foodexport/events/index.jsp.
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USFOODLINK.COM? |  Cranberry Condiments
New England Cranberry, based in Lynn, Massachusetts, produces a line of all-natural cranberry condiments that are a pantry essential for the at-home chef. Click here to read more | |
